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to any consideration to be given to possible
goodwill value;
to any possible consideration to be given for
past losses in previous had years; and
to various other relevant factors that may be
considered to be of value by your Committee in
determining the subject matter under inquiry.
" (3) Having so determined the general principles, your Committee
will then find it relatively easy to hold a second open
inquiry as to one or more representative Chinese Hotels and
to ascertain whether in this case, any case has been made out
for a decrease in existing rates. During such second inquiry
evidence along similar lines but with particular relevance to
Chinese hotels would be presented, including evidence and
analysis from the same reputable firm of Chartered
Accountants, as a guide to the Committee for their subse-
quent decisions in the case of all other individual hotels
to be considered.
#1
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" (4)
It
"
=
11
It
It is respectfully submitted that thereafter your Committee
would be in a position, without further judicial inquiry,
to deal with all other cases on a detailed analysis by the
same firm of Chartered Accountants presented for each
individual hotel.
I should like respectfully to list the disadvantages
attending a course of inquiry other than the one we suggest :-
(i)
Any decisions affecting the problems for inquiry either
generally, as to whether a case had been made out for
control or not, or individually as regards each hotel,
may carry with them the possible suggestion of unfairness,
if no open public inquiry has been held.
" (ii) Irresponsible and untested allegations are liable to be
made either pro or contra if the inquiry is not in the
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15.
Mi.
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